Colonial Bank in Montgomery, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 14, 2009

  • Colonial Bank in Montgomery, Alabama (AL)
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Colonial Bank - Overview

  • General
  • FDIC Certificate #: 9609
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 570231
    Date Established: January 02, 1917
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 361 (Interstate: No)
    OTS Docket #: 10300
    FDIC's unique #: 6138
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 14, 2009
    Last Structure Change Process Date: August 18, 2009
    Last Data Update: August 18, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Colonial Bank Boulevard, Montgomery, AL 36117
    County: Montgomery
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Montgomery, AL (#5240)
    Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388)
    Core Based Statistical Area (CBSA): Montgomery, AL (#33860)
    CBSA Metro Statistical Area: Montgomery, AL (#33860)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $25,455.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2008)

  • Dollar figures in thousands
  • 4,805Total employees (full-time equivalent)
  • $25,638,730Total assets
  • $2,016,322Cash and due from depository institutions
  • $1,533,575Interest-bearing balances
  • $3,306,091Securities
  • $1,563,799Federal funds sold & reverse repurchase agreements
  • $16,180,314Net loans & leases
  • $320,000Loan loss allowance
  • $0Trading account assets
  • $557,313Bank premises and fixed assets
  • $127,850Other real estate owned
  • $481,662Goodwill and other intangibles
  • $524,557Life insurance assets
  • $1,405,379All other assets
  • $25,638,730Total liabilities and capital
  • $24,198,675Total liabilities
  • $18,778,726Total deposits
  • $15,956,761Interest-bearing deposits
  • $18,561,602Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $472,706Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,020,223Other borrowed funds
  • $360,057Subordinated debt
  • $566,963All other liabilities
  • $1,440,055Total equity capital
  • $1,440,055Total bank equity capital
  • $1,440,055Perpetual preferred stock
  • $0Common stock
  • $22Surplus
  • $2,352,908Undivided profits
  • Memoranda
  • $-912,875Noncurrent loans and leases
  • $2,691,101Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $616,832Earning assets
  • $0Long-term assets (5+ years)
  • $93,547Average Assets, year-to-date
  • $22,583,779Average Assets, quarterly
  • $5,103,243Volatile liabilities
  • $26,217,505Insider loans
  • $25,930,849FHLB advances
  • $5,572,217Loans and leases held for sale
  • $57,011Unused loan commitments
  • $3,301,722Tier 1 (core) risk-based capital
  • $2,106,755Tier 2 risk-based capital
  • $2,082,248Total risk weighted assets
  • $2,691,101Total unused commitments
  • $354Restructured Loans and leases
  • $520,015Derivatives
  • $1Total assets and liabilities in foreign offices

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $1,385,615Total interest income
  • $702,183Total interest expense
  • $683,432Net interest income
  • $723,942Provision for loan and lease losses
  • $179,416Total noninterest income
  • $315Fiduciary activities
  • $76,291Service charges on deposit accounts
  • $0Trading account gains & fees
  • $102,810Additional noninterest income
  • $1,223,008Total noninterest expense
  • $288,726Salaries and employee benefits
  • $154,179Premises and equipment expense
  • $780,103Additional noninterest expense
  • -$1,084,102Pre-tax net operating income
  • $5,836Securities gains (losses)
  • -$229,258Applicable income taxes
  • -$849,008Income before extraordinary items
  • $0Extraordinary gains - net
  • -$849,008Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $642,787Sale, conversion, retirement of capital stock, net
  • $58,000Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.05%Yield on earning assets
  • 3.07%Cost of funding earning assets
  • 2.99%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 5.34%Noninterest expense to earning assets
  • -3.26%Net operating income to assets
  • -3.24%Return on assets (ROA)
  • -4.11%Pretax return on assets
  • -38.72%Return on equity (ROE)
  • -41.37%Retained earnings to average equity (YTD only)
  • 3.66%Net charge-offs to loans
  • 112.63%Credit loss provision to net charge-offs
  • -0.56%Efficiency ratio
  • 73,176Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -6.83%Loss allowance to loans
  • 1.94%Loss allowance to noncurrent loans
  • 51.88%Noncurrent assets plus other real estate owned to assets
  • 2.90%Noncurrent loans to loans
  • 3.74%Net loans and leases to deposits
  • 86.16%Net loans and leases to core deposits
  • 112.49%Equity capital to assets
  • 5.62%Core capital (leverage) ratio
  • 6.03%Tier 1 risk-based capital ratio
  • 8.54%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $26,217,505Average earning assets
  • $2,192,415Average equity
  • $22,890,869Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $88,616Managed Assets
  • 1Number of Accounts
  • $87,717Personal trust and agency accounts
  • $60,578Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,470Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $22,355Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $1,314Non-managed Assets
  • 119Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $899Other retirement accounts
  • $899Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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